Can Ideas be Capital? Factors of Production in the Post-Industrial Economy: A Review and Critique

Dean, Alison and Kretschmer, M. (2003) Can Ideas be Capital? Factors of Production in the Post-Industrial Economy: A Review and Critique. Working paper. Kent Business school (Full text available)

Abstract

Economic and social relations are undergoing radical change, expressed in such concepts as “knowledge economy,” “weightless economy,” “postindustrial society,” and “information society.” The literature suggests the arrival of a distinct new factor of production—intellectual capital—replacing or perhaps supplementing land, labor, and capital. We give a historically informed theoretical exposition of capital as the durable result of past production processes, transforming future production while not being transformed itself and associated with a particular economic actor. We then construct a taxonomy of the possible characteristics and location of intellectual capital in postindustrial production.

Item Type:	Monograph (Working paper)
Additional information:	working paper no. 38
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	Faculties > Social Sciences > Kent Business School > International Business and Strategy
Depositing User:	Alison Dean
Date Deposited:	15 Sep 2008 10:12 UTC
Last Modified:	16 May 2014 11:10 UTC
Resource URI:	https://kar.kent.ac.uk/id/eprint/9145 (The current URI for this page, for reference purposes)